sheikhupura

Long EGCO if it breaks above 270

Long
sheikhupura Updated   
SET:EGCO   ELECTRICITY GENERATING PUBLIC CO
EGCO looks to break out from the bearish trend line at 270.
Comment:
EGCO did not break 270, so still in the bearish trendline. Support at 250, but if it does not hold, all-in at 230 (Long-term support). Look for the diagonal break first, and then the horizontal.
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